David Tepper, Appaloosa Management Are Fond of Citigroup, Goodyear Tire & Rubber Company, and Others
David Tepper's fund Appaloosa Management is yet another hedge fund, whose activity is important to track for retail investors. With this in mind, we have selected for you top five picks that represent the holdings with the highest value in Appaloosa's equity portfolio as at the end of the third quarter. As follows, the fund disclosed the largest position in Citigroup Inc. (NYSE:C), around $472.2 million. The stake amasses over 9.7 million shares. It is followed by The Goodyear Tire & Rubber Company (NASDAQ:GT), in which the fund owns some 18.8 million, worth an aggregate $423 million.
Some smaller holdings include United Continental Holdings Inc (NYSE:UAL), and Delta Air Lines, Inc. (NYSE:DAL), each having values of $261.8 million, and $198.2 million, respectively. The fund owns around 8.5 million shares of United and 8.4 million shares of Delta. In HCA Holdings Inc (NYSE:HCA), David Tepper's fund holds some 4.6 million shares, worth $195.5 million